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Investment Securities (Tables)
3 Months Ended
Mar. 31, 2022
Investment Securities  
Investment Securities Available For Sale

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 March 31, 2022

 

 

 

 Amortized Cost

 

 

 Gross Unrealized Gains

 

 

 Gross Unrealized Losses

 

 

 Fair Value

 

U.S Treasuries

 

$10,934

 

 

 

-

 

 

 

565

 

 

 

10,369

 

U.S. Government

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

sponsored enterprises

 

 

13,724

 

 

 

56

 

 

 

372

 

 

 

13,408

 

Mortgage-backed securities

 

 

233,773

 

 

 

783

 

 

 

9,901

 

 

 

224,655

 

State and political subdivisions

 

 

173,292

 

 

 

691

 

 

 

14,378

 

 

 

159,605

 

Total

 

$431,723

 

 

 

1,530

 

 

 

25,216

 

 

 

408,037

 

(Dollars in thousands)

 

 

 

 

 

 December 31, 2021

 

 

 

 Amortized Cost

 

 

 Gross Unrealized Gains

 

 

 Gross Unrealized Losses

 

 

 Fair Value

 

U.S Treasuries

 

$7,964

 

 

 

-

 

 

 

75

 

 

 

7,889

 

U.S. Government

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

sponsored enterprises

 

 

14,252

 

 

 

200

 

 

 

185

 

 

 

14,267

 

Mortgage-backed securities

 

 

218,402

 

 

 

1,769

 

 

 

3,019

 

 

 

217,152

 

State and political subdivisions

 

 

165,804

 

 

 

3,694

 

 

 

2,257

 

 

 

167,241

 

Total

 

$406,422

 

 

 

5,663

 

 

 

5,536

 

 

 

406,549

 

Current Fair Value And Associated Unrealized Losses On Investments In Securities With Unrealized Losses

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2022

 

 

 

 Less than 12 Months

 

 

 12 Months or More

 

 

 Total

 

 

 

 Fair Value

 

 

 Unrealized Losses

 

 

 Fair Value

 

 

 Unrealized Losses

 

 

 Fair Value

 

 

 Unrealized Losses

 

U.S. Treasuries

 

$10,369

 

 

 

565

 

 

 

-

 

 

 

-

 

 

 

10,369

 

 

 

565

 

U.S. Government

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

sponsored enterprises

 

 

2,415

 

 

 

182

 

 

 

7,949

 

 

 

190

 

 

 

10,364

 

 

 

372

 

Mortgage-backed securities

 

 

146,319

 

 

 

8,509

 

 

 

21,727

 

 

 

1,392

 

 

 

168,046

 

 

 

9,901

 

State and political subdivisions

 

 

106,097

 

 

 

11,285

 

 

 

16,608

 

 

 

3,093

 

 

 

122,705

 

 

 

14,378

 

Total

 

$265,200

 

 

 

20,541

 

 

 

46,284

 

 

 

4,675

 

 

 

311,484

 

 

 

25,216

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2021

 

 

 

 Less than 12 Months

 

 

 12 Months or More

 

 

 Total

 

 

 

 Fair Value

 

 

 Unrealized Losses

 

 

 Fair Value

 

 

 Unrealized Losses

 

 

 Fair Value

 

 

 Unrealized Losses

 

U.S. Treasuries

 

$7,889

 

 

 

75

 

 

 

-

 

 

 

-

 

 

 

7,889

 

 

 

75

 

U.S. Government

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

sponsored enterprises

 

 

5,232

 

 

 

15

 

 

 

3,263

 

 

 

170

 

 

 

8,495

 

 

 

185

 

Mortgage-backed securities

 

 

131,483

 

 

 

2,477

 

 

 

19,632

 

 

 

542

 

 

 

151,115

 

 

 

3,019

 

State and political subdivisions

 

 

80,076

 

 

 

1,981

 

 

 

5,922

 

 

 

276

 

 

 

85,998

 

 

 

2,257

 

Total

 

$224,680

 

 

 

4,548

 

 

 

28,817

 

 

 

988

 

 

 

253,497

 

 

 

5,536

 

Amortized Cost And Estimated Fair Value Of Investment Securities Available For Sale By Contractual Maturity

March 31, 2022

 

 

 

 

(Dollars in thousands)

 

 

 

 

 

 Amortized Cost

 

 

  Fair Value

 

Due within one year

 

$2,608

 

 

 

2,623

 

Due from one to five years

 

 

11,047

 

 

 

11,150

 

Due from five to ten years

 

 

83,496

 

 

 

80,272

 

Due after ten years

 

 

100,799

 

 

 

89,337

 

Mortgage-backed securities

 

 

233,773

 

 

 

224,655

 

Total

 

$431,723

 

 

 

408,037